From The Real Deal · TRD Staff · · 40s
Former DOJ office to become student housing
D.C. Council approves $275m bond for converting ex-DOJ building into 415 student apartments.
In brief
D.C. Council approves $275m bond for converting ex-DOJ building into 415 student apartments. Madrone secured D.C. Council approval for up to $275 million in bond financing to convert 600 East Street NW into 415 student housing units. Originally reported by The Real Deal.
D.C. Council approval
D.C. Council approved up to $275 million in bond financing for converting 600 East Street NW into 415 student housing units.
Student housing plan
Madrone plans to convert 325,000-square-foot building into 415 apartments for college students, faculty and staff with a Sprouts Farmers Market grocery store on ground floor.
Funding and timeline
Funding covers acquisition, demolition, renovation and tenant improvement for grocery store with August 2028 delivery deadline.
The big picture
Madrone secured D.C. Council approval for up to $275 million in bond financing to convert 600 East Street NW into 415 student housing units.
